German subsidies for new chip manufacturing plants could be in jeopardy [TechSpot]

The German government aimed to finance the green transition with €60 billion reallocated from unused funds from the Covid-19 pandemic. However, the country’s highest court deemed this reallocation measure unconstitutional, as it violated a constitutional provision capping the government’s borrowing capacity. Consequently, Germany now faces an outstanding €60 billion deficit…Read Entire Article